Global Biometrics Technology Market (2010-2015)

07-Mar-2011 | News-Press Release

Global Biometrics Technology Market (2010-2015) - Market Forecast by Products, End-User Application and Geography

Report Description:

The biometrics market is estimated to grow from $4,217.2 million in 2010 to $11,229.3 million in 2015, at an estimated CAGR of 21.6% from 2010 to 2015. The growth of the biometrics market is mainly due to increasing concerns of the countries in terms of strengthening national security.

Amongst all the biometrics modalities, Automated fingerprint Identification System (AFIS) market was estimated to generate the highest revenue of $1,372.4 million in 2010 and is expected to reach $3,283.7 million in 2015, with a CAGR of 19% from 2010 to 2015. Adoption of AFIS in national ids and civil identification is the prime reason behind the growth of AFIS market. However, the IRIS vein and face market is expected to grow with at a CAGR of 27.5%, 25.4 and 24.2 respectively from 2010 to 2015.

Scope of the report

This research report categorizes the global market for biometrics on the basis of different technologies and geography; forecasting revenues and analyzing trends in each of the biometrics technologies.

On the basis of applications

Applications such as travel and immigration, government, finance and banking, consumer electronics, healthcare and others are covered in the report.

On the basis of geography

North America, Europe, Asia and Rest of the World; i.e. ROW are covered in the report.

Each section will provide market data, market drivers, trends and opportunities, top-selling products, key players, and competitive outlook. This report will also provide market tables for covering the sub-segments and micro-markets. In addition, the report also provides more than 20 company profiles covering all the sub-segments.

What makes our reports unique?

* We provide the longest market segmentation chain in this industry- not many reports provide market breakdown upto level 5.
* We provide 10% customization. Normally it is seen that clients do not find specific market intelligence that they are looking for. Our customization will ensure that they necessarily get the market intelligence they are looking for and we get a loyal customer.
* We conduct detailed market positioning, product positioning and competitive positioning. Entry strategies, gaps and opportunities are identified for all the stakeholders.
* Comprehensive market analysis is carried out for the following sectors: Pharmaceuticals, Medical Devices, Biotechnology, Semiconductor and Electronics, Energy and Power Supplies, Food and Beverages, Chemicals, Advanced Materials, Industrial Automation, and Telecom and IT. We also analyze retailers and super-retailers, technology providers, and research and development (R&D) companies.

Key questions answered

* Which are the high-growth segments/cash cows and how is the market segmented in terms of applications and materials?
* What are market estimates and forecasts; which markets are doing well and which are not?
* Where are the gaps and opportunities; what is driving the market?
* Which are the key playing fields? Which are the winning edge imperatives?
* How is the competitive outlook; who are the main players in each of the segments; what are the key selling products; what are their strategic directives, operational strengths and product pipelines? Who is doing what?

Powerful Research and analysis

The analysts working with MarketsandMarkets come from renowned publishers and market research firms, globally, adding their expertise and domain understanding. We get the facts from over 22,000 news and information sources, a huge database of key industry participants and draw on our relationships with more than 900 market research companies across the world. We, at MarketsandMarkets, are inspired to help our clients grow by providing qualitative business insights with our huge market intelligence repository.